If you REALLY want to know how a CRA deals with your dispute.....

[MidnightVoice]

edit: I remembered this post when there was some discussion about whether disputes ever really do get investigated. MV kindly dug it up, and I've bumped it up for all to ponder. Interesting, depressing, enlightening, and infuriating all at once. --hauling

.....

http://financialservices.house.gov/media/pdf/060403lb.pdf

start reading on page 6.

Message Edited by haulingthescoreup on 12-31-2007 01:46 PM

[newFICOwatcher]

I wish I could say I was shocked, but this is just more proof of the entire financial industry scratching each other's back.

[haulingthescoreup]

Sure does explain my latest round of pretzel logic with EQ.

[dizzier]

BRILLANT! LOL

[Red1Blue]

Very good post. Thank you for the information.

[HA2007]

Thanks for the info. Great Great!!!!

[Anonymous]

I didn't know that all they put in was a code, but I did know that they  rarely almost never call and just send it via computer and it almost always comes back verified. 

I also know that is also how some disputes do not come back verified- because they send it via computer that is how some do get deleted.

[Cooneyca]

Very nice report - sadly it was presented to Congress in 2003 and, yet, here we sit

[theREBIRTHofCREDIT]

This is SAD It's almost like they don't care. Why have a dispute option/process for consumer's if you're going to ignore it. How can they say "make the information in our system look like yours", that statement is fraudulent in itself. And these are the people that have our entire "credit" future in their hands..... Something have to be done!

[Anonymous]

**bleep**! If it is the way they still do the handling of dispute, then I guess, I have made a lot of unnecessary typing. LOL